Convert Nigerian Naira to Turkish Lira
Please provide values below to convert Nigerian Naira [NGN] to Turkish Lira [TRY], or Convert Turkish Lira to Nigerian Naira.
How to Convert Nigerian Naira to Turkish Lira
1 NGN = 37.8505540210728 TRY
Example: convert 15 NGN to TRY:
15 NGN = 15 × 37.8505540210728 TRY = 567.758310316092 TRY
Nigerian Naira to Turkish Lira Conversion Table
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.